Ahmed Hassan

Egyptian Tax Authority issues comprehensive tax guide for contracting sector

Rasha Abdel Aal, Chairperson of the Egyptian Tax Authority, announced the release of a comprehensive explanatory guide on the tax treatment of contracting and construction services under Law No. 157 of 2025. The guide aims to boost tax awareness in the contracting sector—a key pillar of Egypt's economy—by simplifying tax concepts and procedures. It is available for viewing and download on the ETA's official website.

Israeli sources: Remains returned by Hamas not those of missing hostages

October 28, 2025 Ahmed Hassan

Israeli sources say the remains handed over by Hamas to Israel on Monday night do not belong to any of the missing deceased hostages. Forensic examination confirmed they are not among the 13 unaccounted-for hostages in Gaza. Prime Minister Benjamin Netanyahu is set to discuss Israel's potential response.

Egypt brokers African consensus on AfCFTA rules of origin after four years

October 29, 2025 Ahmed Hassan

Egypt, as Chair of the AfCFTA Ministerial Council of Trade Ministers, has secured consensus among member states on rules of origin for the textile, apparel, and automotive sectors. The breakthrough, achieved through a transitional implementation mechanism, follows more than four years of negotiations. It was announced after a Cairo meeting in September and an October virtual session.

Cbe governor attends future leaders graduation at ebi

Hassan Abdalla, governor of the Central Bank of Egypt and chairperson of the Egyptian Banking Institute, attended the graduation ceremony for four new cohorts of the Future Leaders programme at the EBI. The event included deputy governors and board members, marking the graduation of 93 young banking professionals. Abdalla expressed pride in the programme, launched three decades ago to nurture sector talent.

Egypt and Netherlands renew water MoU for coastal protection

Egypt’s Water Resources and Irrigation Minister Hani Sweilam met with Dutch Ambassador to Cairo Peter Mollema to strengthen bilateral ties in water management. The two sides renewed their Memorandum of Understanding for the Egypt-Netherlands High-Level Water Committee, focusing on water resource management and coastal protection. Preparations are underway for a new feasibility study on environmentally friendly beach nourishment techniques to safeguard Egypt’s Mediterranean coastline.

Egypt assumes INTOSAI presidency as INCOSAI 25 starts in Sharm El-Sheikh

October 29, 2025 Ahmed Hassan

Egypt, represented by the Accountability State Authority (ASA), has officially taken over the presidency of the International Organization of Supreme Audit Institutions (INTOSAI) for a three-year term. The handover ceremony occurred during the opening of the 25th International Congress of Supreme Audit Institutions (INCOSAI 25) in Sharm El-Sheikh under the patronage of President Abdel Fattah Al-Sisi. The event was attended by Prime Minister Mostafa Madbouly, several ministers, and senior officials.